• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Saturday, March 25, 2023
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Kenya and Tanzania Seek to Enhance Trade Amidst Gas Pipeline Deal

Leah WakarimabyLeah Wakarima
October 11, 2022
in Kenyan News, Tanzania
Reading Time: 3 mins read
Kenya and Tanzania

President William Ruto and President Samia Suluhu Hassan have agreed on a working formula that will eradicate trade barriers between Kenya and Tanzania.

President Ruto said a borderless East Africa Community (EAC) will allow free movement of goods and services among member countries, thus unlocking numerous business opportunities for the people.

The two Heads of State said the concerned ministers would meet and ensure the outstanding trade barriers between the two countries are resolved before the end of the year.

ADVERTISEMENT

President Ruto expressed satisfaction that 56 trade barriers between Kenya and Tanzania have so far been resolved, saying he was confident that the remaining 14 outstanding would soon be resolved.

“Once Kenya’s Cabinet Secretaries are approved by Parliament, those concerned with EAC matters will meet their Tanzania counterparts to work on the modalities of resolving the outstanding trade barriers to pave way for improved business activities,” President William Ruto.

He further added that there is need for their respective teams to convene and resolve the outstanding trade barriers before the end of December this year.

At the same time, Kenya and Tanzania agreed to start working on a gas pipeline from Dar es Salaam to Mombasa and later reroute to Nairobi.

Dr Ruto said there was a need to expedite the gas pipeline project from Dar es Salaam to Mombasa as part of efforts to lower energy tariffs.

“The project upon completion would make our countries competitive for investment as there will be sufficient energy for development,” Dr Ruto.

President Suluhu said respective technocrats have been directed to start working on the implementation of the gas project.

She said Kenya and Tanzania have agreed on the need to ease the transportation of key energy resources, noting that measures have been put in place for the implementation of the project.

“Our countries are only separated by boundaries but we must build on our close cultural and historic ties to ensure our citizens benefit from the interaction. Our two countries are connected by a common culture, language and heritage. We are not only neighbours, but we are brothers and sisters.” Samia Suluhu

Read also; Tanzania Imports to Kenya Hit Record High on Improved Relations.


Previous Post

Burundi Lifts Ban on Foreign Exchange Bureaus

Next Post

Relief as Cooking Gas Prices Decline by KES 150 Amidst High Cost of Living

Related Posts

President William Ruto rings the bell to officially launch the enhanced Nairobi Securities Exchange Market Place on 11th Oct 2023

Kenya’s new Privatization Bill set to ease sale of state-owned corporations

March 22, 2023
Somalia

Somalia to Qualify for Full Debt Relief by the End of 2023-IMF

March 21, 2023

Kenya to Receive KES 130 Million from AfDB’s Electric Vehicle Fund

March 21, 2023

Ukraine Donates 30,000 Tonnes Of Wheat to Kenya

March 21, 2023

Diaspora Remittances Fall by 11.5% to $ 309.2 Million in February

March 20, 2023

CBK Approves 62.5% Acquisition of First Community Bank by Premier Bank LTD, Somalia

March 20, 2023

Kenya and US to Hold In-Person Trade Talks in April 2023

March 18, 2023

Dividend Aristocrats In Focus: Johnson & Johnson

March 17, 2023
Load More
Next Post
Gas Cylinder

Relief as Cooking Gas Prices Decline by KES 150 Amidst High Cost of Living

Follow Us

  • 166.2k Followers
  • 3.6k Subscribers
  • 1.2k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

There are no upcoming events.

View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In